Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-341-500"
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"en.20120419.15.4-341-500"2
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"Uncertainty and structural challenges continue to affect the EU economy. According to investment barometers, over the next few years, Europe faces the threat of a large-scale departure of industry for areas where production costs are lower. In addition, the longer term change to the age structure in the EU is significantly hampering the successful management of public finances. These causes of the problem pose a special challenge for policymaking. Decisions at EU level must help us to do all we can to ensure that entrepreneurial activity, which provides employment and serves as the basis for the well-being of societies, can thrive.
The Common Consolidated Corporate Tax Base (CCCTB) is a step in the right direction. Leaving a corporate tax return to just one country would cut the costs incurred by companies operating across borders substantially and proportionately: the smaller the company concerned is, the more could be saved. Thus, if the reform were to go ahead, it would encourage small and medium-sized enterprises to start business activity in the EU beyond their national borders. The CCCTB would also encourage foreign investors to invest in the EU, on account of the cheaper and clearer corporate taxation system.
Because the project to establish the CCCTB has encountered opposition in certain member states, it is important that the system is introduced on as broad a basis as possible. I also voted in favour of Ms Thyssen’s report because it contains the requirement to establish a roadmap to make the CCCTB gradually compulsory for companies other than SMEs."@en1
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